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GVC - To join FTSE-100 after Ladbroke bid

February 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GVC
  • Price:
  • 922p
GVC, the online gaming business, was a total unknown with non regulated gaming businesses in Turkey when SCSW alighted on it back in Feb ‘14 at 353p (333.9p adjusted for special dividends).Last month it finally came of age and put itself firmly on the map with the disposal of the Turkish activities, which have always cast a shadow over the shares and it instead launched a bid for Ladbrokes Coral, the UK’s biggest high street bookmaker, valuing Ladbrokes Coral at between £3.2bn and £4bn.The offer comprises 32.7p in cash, 0.141 GVC shares and a contingent entitlement of up to a further 42.8 pence for each Ladbroke share. The final price is dependent on the outcome of the UK government’s decision on ...

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GVC - Heads into FTSE-250 mid September (September 2016)
GVC (November 2014)
GVC - Special dividend sends shares higher (May 2014)
GVC - 207p in dividends since 2007 (February 2014)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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